Geely Automble Hldgs.

....@ mesh and all: Avec plaisir ;-)

Guckst Du hier:

"17.03.2010 14:01
UPDATE 1-Geely, Ford say on track for Q1 Volvo deal signing
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LONDON/HONG KONG, March 17 (Reuters) - Zhejiang Geely Holding and Ford said they were still on track to sign a deal this month for Ford's Volvo cars unit, after a Chinese newspaper said Geely's planned $2 billion purchase faced hurdles.

Spokesmen for Ford and Geely said on Wednesday the plan remained to sign a sale and purchase agreement (SPA) by the end of this quarter, and to complete a deal in the second quarter.

Anders Fogel, a Stockholm-based spokesman for Geely, said the two sides were making progress 'according to plan' on the three key issues of legal documentation, financing, and regulatory and governmental approvals.

Earlier, China Daily, citing sources familiar with the matter, said 'unsolved obstacles and uncertainties' meant the two were yet to reach a definitive agreement and the Chinese firm faced financing and technology hurdles.

After the deal, Geely would have to spend at least $1.4 billion to finance car development and marketing, and whether the Chinese company would be able to secure the necessary funds was a major issue, China Daily added.

Zhejiang Geely is the parent of Hong Kong-listed Geely Automobile.

Geely, China's largest privately owned carmaker, had aimed to complete the purchase of Ford's Volvo unit for up to $2 billion by May, according to a document seen by Reuters.

(Reporting by Alison Leung in Hong Kong and Quentin Webb in London; Editing by Don Durfee and Will Waterman)

((alison.leung@thomsonreuters.com; +852 2843 6369; Reuters Messaging: alison.leung.reuters.com@reuters.net)) Keywords: GEELY/VOLVO

(If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com)

COPYRIGHT

Copyright Thomson Reuters 2010. All rights reserved.

The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.


© 2010 AFX News

http://www.finanznachrichten.de/...-for-q1-volvo-deal-signing-020.htm  

...Ford bekräftigt sein Verkaufsinteresse an Geely und dementiert die gestrigen Zeitungsenten!!!

Guckst Du hier:

"Ford’s Alan Mulally Says Volvo, Geely Negotiations Continuing
March 18, 2010, 3:26 AM EDT

March 18 (Bloomberg) -- Ford Motor Co. Chief Executive Officer Alan Mulally said talks to sell the automaker’s Volvo unit to China’s Zhejiang Geely Holding Group Co. are proceeding, rebutting local media reports the deal could be delayed.

“We are making progress on the negotiations,” Mulally said in an interview in Shanghai, without giving a time frame for when the agreement will be made.

Ford aims to sign a $2 billion deal to sell Volvo Cars to Geely by the end of this month, three people familiar with the talks said last week. Dearborn, Michigan-based Ford put Volvo up for sale in late 2008, part of a strategy of dropping European luxury lines to concentrate on its namesake brand. The China Daily said yesterday financing and technology problems could delay the acquisition, citing people familiar with the matter.

Ford ended three years of losses in 2009 by posting $2.7 billion in net income, its first full-year profit since Mulally came from Boeing Co. in 2006. Mulally has focused on refreshing Ford’s lineup, including adding more fuel-efficient small cars, while cutting costs. He reduced the North American workforce by about 47 percent and sold the Jaguar, Land Rover and Aston Martin luxury brands.

“Whoever buys Volvo, in this case it’s Geely that’s a frontrunner right now, they are gaining a great brand,” Mulally said. “We will continue to support Volvo just like we did with Aston Martin, Jaguar and Tata.”

Asia Growth

Geely, China’s largest private automaker based on 2008 sales, wants to gain insights into Western vehicle development and manufacturing through buying a mainstream European brand.

Mulally, 64, said he sees about 40 percent of global auto sales coming from the Asia-Pacific region over the next 10 years, while 35 percent will be in the European region and 25 percent in the Americas.

“We are going to invest whatever we need to support Asia- Pacific,” Mulally said. “It’s clearly the highest growth market going forward.”

Ford gained U.S. market share last year for the first time since 1995 with new models such as the revamped Taurus sedan, while the predecessors of GM and Chrysler Group LLC reorganized in bankruptcy and received federal aid. Ford surpassed General Motors Co. last month to become the top-selling automaker in the U.S. for the first time since 1998.

Mulally broke ground in September on a $490 million small- car factory in Chongqing, Ford’s third assembly plant in China. Ford ranks 12th in the nation with 2.8 percent of sales, according to auto researcher J.D. Power & Associates. GM, which emerged from bankruptcy July 10, outsells Ford 3-to-1 in the country, building twice as many vehicles.

Ford gained 4.5 percent to $14.10 in New York trading yesterday.

--Editors: Kae Inoue, Ian Rowley

With assistance from Stephanie Wong in Shanghai

To contact the reporters on this story: Bruce Einhorn in Hong Kong at beinhorn1@bloomberg.net; Keith Naughton in Dearborn, Michigan, at Knaughton3@bloomberg.net

To contact the editor responsible for this story: Kae Inoue at kinoue@bloomberg.net"

http://www.businessweek.com/news/2010-03-18/...ations-continuing.html  

 

Geely startet weiter durch:

http://www.businessday.co.za/articles/Content.aspx?id=103972

http://www.chinaknowledge.com/Newswires/...at=CMP&NewsID=%2032211

 

für mich weiterhin ein Hecht im Aktienteich

 

lasst mal alles in trockenen tüchern sein. dann dürfte die aktie einen wert von etwa der von byd erreichen. nicht sofort, aber innerhalb von zwei/drei jahren dürfte das realistisch sein.

http://www.faz.net/s/...33849A3E3B4A808596~ATpl~Ecommon~Scontent.html
http://de.reuters.com/article/companiesNews/idDEBEE62I04420100319

na na. das wird doch hoffentlich nicht doch noch in die binsen gehen?!
ich bleib vorerst einmal investiert und warte in ruhe ab. kann es mir nach dem ganzen hype vor weihnachten nicht vorstellen das der deal platzt. aber bei den amis weiß man ja nie. siehe opel.

Ich bleibe natürlich auch noch dabei. Sehe noch keinen Grund die Papiere wieder loswerden zu wollen. Kann mir übrigens nur schwer vorstellen, dass Ford Volvo behält. Immerhin entgehen Ford 2 Milliarden Dollar plus 1,5 Milliarden Dollar, die zum Weitermachen unabdingbar sind.
Verkaufen würde ich nach dem Scheitern des Deal nur, um wieder billig einsteigen zu können. Bin nämlich langfristig in Aktien investiert und sehe für Geely rosige Zeiten anbrechen, mit oder ohne Volvo.  

Autobauer Volvo soll binnen einer Woche chinesisch werden

http://www.handelsblatt.com/;2550305  

was der kurs sagt wenn unterschrieben ist....   

http://www.handelszeitung.ch/artikel/...eely-fast-perfekt_702422.html  

http://www.abendblatt.de/wirtschaft/...blem-auf-Londons-Strassen.html


langsam kommt da wieder bewegung rein. schön schön! :))

Habs doch gewusst ;-)
Ford hat einfach nicht das Zeit und das Geld, um Volvo zu behalten.
Wie dem auch sei, wann brechen wir nun aus?!  

habe den von W:O hätte gerne ein der durchgehend läuft 

 

danke 

 

By Keith Naughton and Ola Kinnander

March 23 (Bloomberg) -- Ford Motor Co. aims to sign a deal to sell its Volvo unit for $1.8 billion on March 28, three days before its target date, according to three people briefed on the negotiations.

The signing with China’s Zhejiang Geely Holding Group Co. may take an additional day, said the people, who asked not to be identified because the discussions are private. Ford wants to conclude almost two years of talks to finish a sale before a June 30 deadline the parties set; Geely is unsure it can get China approvals by that time, said two people.

Ford, which lost $30 billion in three years beginning in 2006, put Volvo up for sale in late 2008 as it shed European luxury lines to concentrate on its namesake brand. Ford acquired Volvo for $6.5 billion in 1999. Closely held Geely, China’s 10th-largest automaker based on 2009 sales, is buying a Western brand with U.S. sales that have risen 40 percent this year.

“Ford needs money and they need to concentrate on their core brands,” said John Wolkonowicz, an auto analyst at IHS Global Insight in Lexington, Massachusetts. “For Geely, this gives them immediate credibility and puts them on the fast track for becoming a viable company to sell vehicles in the West.”

Ford Chief Executive Officer Alan Mulally has sold the Jaguar, Land Rover and Aston Martin luxury brands since 2007. The Dearborn, Michigan-based automaker will still provide Volvo with auto parts and technology, Mulally said March 18.

‘Money Sink’

The Swedish automaker had a pretax operating loss of $32 million in the final three months of 2009, compared with an operating loss of $736 million a year earlier, Ford said. Volvo’s revenue climbed to $3.9 billion from $3.3 billion.

Ford spokesman Mark Truby said today by e-mail, “Our plan remains to reach a sale agreement by the end of this month.”

“The ambition remains to get this done by the end of the month,” Anders Fogel, a partner at Brunswick Group in Stockholm who acts as a Geely spokesman.

Ford fell 9 cents, or less than 1 percent, to $13.90 at 4 p.m. in New York Stock Exchange composite trading. The shares have risen 40 percent this year, following a fourfold increase last year.

General Motors Co. last month failed to complete a sale of its Hummer line of sport-utility vehicles to Sichuan Tengzhong Heavy Industrial Machinery Co. after failing to win Chinese government approval, the Detroit-based automaker said. GM has said it will consider other bidders for Hummer, and may retire the brand.

In selling Volvo, Ford will lose its last global luxury brand, Wolkonowicz said. Ford’s Lincoln line is mainly U.S. Ford improved Volvo’s quality and expanded the brand’s model range without getting a return on its investment, Wolkonowicz said.

“Volvo was a money sink for Ford, which is why they really did need to get rid of it,” he said.

To contact the reporters on this story: Keith Naughton in Dearborn, Michigan, at Knaughton3@bloomberg.net; Ola Kinnander in Stockholm at okinnander@bloomberg.net.

Last Updated: March 23, 2010 16:15 EDT  

http://www.reuters.com/article/idUSTRE62P0U020100326
http://autonews.gasgoo.com/auto-news/1014551/...igning-in-Sweden.html

sieht gut aus! :)

http://www.spiegel.de/wirtschaft/unternehmen/0,1518,685889,00.html

dürfte wohl bald 'gen norden gehen.

http://www.mz-web.de/servlet/...atype=ksArtikel&aid=1268850224592

da bin ich mal gespannt ob die heute unterschreiben was denkt ihr ???? 

 

http://www.mz-web.de/servlet/...atype=ksArtikel&aid=1268850252409

aber unterschrieben ist noch nichts bin echt gespannt ob nicht in letzter minute wieder was dazwischen kommt

 

da bin ich echtmal gespannt was da raus kommt

 

weiß wer wo man die live mitverfolgen kann ?? 

 

Quelle: Die Zeit

Volvo-Verkauf an Geely vor dem Abschluss
Göteborg (dpa) - Der seit Monaten anvisierte Verkauf des schwedischen Autoherstellers Volvo von Ford an den chinesischen Geely-Konzern ist so gut wie perfekt.

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Wie die Zeitung «Göteborgs-Posten» am Sonntag berichtete, stellten sich auch die bei Volvo vertretenen Gewerkschaften hinter die für den Sonntag angekündigte Unterzeichnung des Kaufvertrages. Man habe von Geely-Chef Li Shufu alle nötigen Informationen über die Finanzierung der Übernahme erhalten und sei beruhigt, erklärte ein Gewerkschaftssprecher.

Der US-Konzern hatte seine schwedische Tochter im Gefolge der Finanzkrise zum Verkauf angeboten. Als Kaufpreis werden in Medien 1,8 Milliarden Dollar (1,3 Milliarden Euro) genannt. Zur Vertragsunterzeichnung in Göteborg wurde neben dem Geely-Haupteigner Li Shufu und Fords Finanzchef Lewis Booth auch der chinesische Vizepräsident Xi Jinping erwartet.  

http://www.n-tv.de/wirtschaft/

Geely übernimmt Volvo! Auf eine interessante Woche!  

des US-Konzerns Ford  ist unterzeichnet. Volvo Cars gehört jetzt dem chinesischen  Autohersteller Geely

 

mal auf montag gespannt sein dürfen ^^

... Volvo übernehmen?  

Habe grade erst die Meldung gelesen und freue mich sehr ;-)
Bin ebenfalls auf Montag gespannt.  

weiss das jemand?